Offers over
£800,000
(£823/sq. ft)
2 bed flat for saleCity Road, London EC1Y
2 beds
2 baths
1 reception
972 sq. ft
EPC Rating: E
- Chain free
- Leasehold
Thomas Michael
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About this property
Communal garden
Roof terrace
Balcony
Underground parking
Porter/security
This large bright two double bedroom duplex penthouse is located in the desirable Lexington building on City Road. The apartment has a spacious west facing terrace overlooking the residents’ garden, a double height reception room with floor to ceiling glass and is located close to Old Street Station and Shoreditch.
This penthouse apartment is set over the third and fourth floors of The Lexington and has 970 sq. Ft. Of internal living space. The apartment is entered on the third floor which is comprised of a good sized hallway, the main bathroom and a double bedroom with ceiling to floor glass windows and inbuilt wardrobes.
An attractive curved stairwell leads up to the fourth floor where the master bedroom is with ensuite shower room, ceiling to floor glass windows and inbuilt wardrobes. The master bedroom leads out onto a City Road facing long balcony which has City skyline views. The reception room has double height ceilings with full width, full height windows and large centralised sliding doors leading to a terrace overlooking the tranquil garden and the mature trees and greenery of Bunhill Fields beyond. A semi-open plan integrated kitchen leads off the reception room.
The Lexington has 24-hour concierge, a residents’ garden and gym. There is an option to purchase a share of freehold for a modest cost and hyperoptic broadband has recently been installed. The creative industries and start-ups, galleries, bars and restaurants of Shoreditch are on your doorstep and Clerkenwell lies a short walk to the west. It is an area of massive investment and residential and commercial redevelopment, especially along the City Road to the north and the area around Old St station has been coined 'Tech City' due to the number of tech and creative start-ups that have chosen to be located here.
It is superbly located close to Old Street station (Northern line and National Rail), Moorgate and Liverpool St (Elizabeth, Circle, Metropolitan and Hammersmith & City, Northern and National Rail), lie a short walk to the south. The Elizabeth line provides ease of access to Mayfair, Soho and Canary Wharf. Old Street station and the previous Old St roundabout have been dramatically upgraded and refurbished with large parts pedestrianised.
The apartment comes with an allocated underground secure parking space and a long lease. The sale is chain free.
The seller says “We’ve enjoyed owning this apartment since 1999 when our family bought it from new. Our favourite feature is the terrific west facing terrace, large and with a fantastic aspect over the residents garden and towards Bunhill Fields beyond. We have come to highly respect jar, the managing agents, for the responsiveness and effectiveness in managing the development. A good managing agent is priceless in our view and an experienced leasehold owner will appreciate this”
Leasehold - 974 years remaining / option to purchase a share of freehold
Service charge: £7,926 pa
Ground rent £200 pa
Council tax – lb Islington, Band G, £3,201 pa
EPC rating – E
Allocated underground parking space
Chain free
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More information
Tenure
Leasehold (974 years)
Service charge
£7,926 per year
Council tax band
G
Ground rent
£200
Ground rent date of next review